Problema Solution
A television game device has a list price of $221 and a trade discount series of 7/9. Find the net price and trade discount.
Answer provided by our tutors
net price = list price*(1 - 0.07)(1 - 0.09)
net price = 221*0.93*0.91
net price = $187.0323
trade discount = list price - net price
trade discount = 221 - 187.0323
trade discount = $33.9677